Swasth India - Health for all
Mumbai, India
Organization type:
hybrid
Growth
Budget:
$1,000 - $10,000
Example: Walk us through a specific example(s) of how this solution makes a difference; include its primary activities.
There can be numerous examples of how the Swasth India model makes a difference to the community. For example, as our centers are a one-stop shop, our member families don't have to spend on pharmacies or pathology labs. Further, in cases like malaria, which are typically referred for hospitalization by other general physicians, are managed at our centers by giving necessary day-care such IV at the bedding facility at the center itself. Thus the annual costs of health-care for the entire family comes down by 30-50%. We have demonstrable cases in which the healthcare costs of our member families have come down by 30%.
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Live statistics related to savings are available at
http://www.swasthindia.in/status.php
Marketplace: Who else is addressing the problem outlined here? How does the proposed project differ from these approaches?
The healthcare marketplace has many kinds of players: healthcare providers, insurance companies, drug manufacturers and suppliers, community aggregators like NGOs, government agencies, technical and medical educators etc. We see none of them as competition. We position ourselves as someone who implement models that can bring benefits of the services offered by these players to the low-income group segment in sustainable, scalable, high-quality, and affordable way. We have arrived at a model which involves operating the one-stop last mile delivery center, and therefore can be thought of as a healthcare provider. However, we do not perceive other providers as competition, and are always open partnering with anyone as long as the benefit reaches the end customer.
Comments
Great idea.
Hi,
The following Foundations focus their grantmaking activities on health: Robert Wood Johnson Foundation (http://www.rwjf.org/applications/whatwefund.jsp), The Rockefeller Foundation (http://www.rockefellerfoundation.org/who-we-are/our-focus), The Arthur Vining Davis Foundations (http://www.avdf.org/FoundationsPrograms/HealthCare.aspx); (http://www.avdf.org/HowToApply/ApplicationProcedures.aspx), and Northwest Health Foundation (http://nwhf.org/focus_areas/)
Thank you for your participation in AFI Growth Prize Competition. We have a key question for you: how does your business model allow you to profitably deliver healthcare at such low costs? How can you accelerate the spread of this innovation by scaling-up or replication, and how can you finance this growth?
Please post your response as comment here, before Dec 15, 2012 to be considered for final evaluation.
We are able to deliver low-cost, high-quality healthcare due to 2 factors, which fundamentally cut down our cost of service provision:
1) Reducing inefficiencies in the healthcare ecosystem: We procure drugs directly from distributors, conduct most diagnostic tests in-house and provide all services under one roof, thereby saving on supply chain costs, and marketing/finder fee costs, the benefits of which we are able to share with patients
2) Use of technology: We use in-house developed technology back-end for all support functions. This enables us to reduce administrative costs through automation, reduce losses due to better cash management and inventory management and also ensures quality control, as our SOPs are integrated into our IT system.
We have planned 2 routes to accelerate spread of this innovation:
1) Supporting other organizations in healthcare: We have developed solid, low-cost back-end systems - drug supply chain, technology platform which enables all processes, in-house diagnostics - which can be provided to other organizations working in this sector for a fee (e.g. provision of drugs to hospitals, IT software to private doctors and nursing homes), thereby expanding our reach quickly.
2) Scaling-up organically, leveraging technology: We plan to scale-up to 60 Health Centers across Mumbai in the next 2 years, and believe that our strong backbone of supply chain, technology platform and in-house diagnostics, will enable us to accelerate scale-up.
We plan to finance our growth through raising equity capital
Let us know if any questions remain unanswered
To develop the rural health care structure, we have found multiple changes in health care industries. Swasth India is also one of them; basically the word "Swasth" origin from Indian language that means healthy or health. Under this program we have found multiple health care strategies due to which our rural health care formula would be produce better care environment.
urgent care clinic